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Big Box Ltd's manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns

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Big Box Ltd's manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What are the expected return and standard deviation for Big Box stock? Show your work. Economic Conditions Prob. Return Strong 30% 40.0% Normal 40% 10.0% Weak 30% - 16.0%

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